If restructuring professionals were asked whether the U.S. economy is currently weak or strong, they would likely offer varying answers depending on each professional’s experience. CFOs might answer entirely differently depending on the areas of business in which they operate. To avoid this kind of...
Price gouging, treatment rationing, and data falsification are signs that the Anthropocene Epoch has arrived in healthcare and extinction lies ahead for those that cannot adapt. As a result of revolutionary changes in the reimbursement system that the Center for Medicare and Medicaid Services (CMS...
“It’s only when the tide goes out that you learn who has been swimming naked.” —Warren Buffet It is no secret the healthcare industry has been experiencing an unprecedented tidal wave of consolidation over the past several years. On its surface, the healthcare industry appears to be generally...
Healthcare reform has dramatically changed the manner in which health systems deliver care to patients and how they are reimbursed for services. As hospital boards review their institutions’ competitive positions in a post-healthcare reform world, particularly those overseeing community hospitals,...
Although many of the provisions of the Patient Protection and Affordable Care Act, popularly known as “Obamacare,” did not take effect until several years after its March 2010 enactment, supporters and opponents would agree that Obamacare enacted sweeping and significant changes not only to the...
When turnaround professionals take on the challenges of a financially distressed client, the first issue they often must address involves costs related to human resources. Chief among them are expenses for the company’s employees’ health benefits. In the last several years drastic changes have...
The healthcare industry faces major headwinds in the coming decade, and many players will be forced to endure numerous opportunities to adapt. The challenges will be many and diverse—changes in the legislative landscape, technological advances, lifestyle developments, and pharmaceutical and...
The future of healthcare in America has never been so uncertain. Amid continuing political tensions, payer and patient pressures, and changes in the way that care is delivered, there doesn’t appear to be a clear and distinct path forward. And there may not be for quite some time, given Congress’...
The healthcare industry presents challenges for operators, landlords, lenders, vendors, and others doing business within the sector. The industry is virtually always in turmoil amid reimbursement rate modifications, new enforcement efforts, and the ongoing evolution of the delivery of medical care...
T his is the first in an occasional series of roundtable discussions by Certified Turnaround Professionals (CTPs) on issues impacting the turnaround, restructuring, and distressed investing industry. In this installment, Ruediger (Rudi) Mueller, CTP ; Robert D. Katz, CTP ; and Edward J. Sanz, CTP...
